Air Lease Corporation issues Q1 activity update

Air Lease Corporation (ALC) has reported aircraft investments reached approximately $490 million in the first quarter of 2022. The latest additions include eight new aircraft from ALC’s order book including one Airbus A320neo, two Airbus A321neos, one Airbus A330-900neo, three Boeing 737-8s, and one Boeing 737-9, as well as the purchase of one incremental Boeing 737-800, which was concurrently leased to an ALC customer. As of March 31, 2022, ALC’s fleet was comprised of 391 owned aircraft and 93 managed aircraft, with 451 new aircraft on order from Boeing and Airbus set to deliver through 2028. Also during the quarter,